Within the Upper Cretaceous sediments of the western margin of the northern Iberian Chain, several formations of Turonian to Campanian age form a carbonate platform succession (165–270 m thick) developed during a second-order cycle of relative sea-level rise and fall. This succession consists of two depositional sequences, deposited during third-order cycles, formed by sediments deposited in a broad, epeiric, ramp-type platform open to the north. The lower depositional sequence (Moral de Homuez Formation) began during the Cenomanian-Turonian transgression and represents the transgressive systems tract and highstand systems tract; it was terminated by a late Turonian regression resulting in a type 2 sequence boundary. Two types of parasequences (deepening-upward and shallowing-upward, respectively), 1 to 3 m thick, deposited within fourth- and higher-order cycles, have been identified, with features corresponding to lagoonal deposits. The upper depositional sequence (comprising the Hortezuelos, Caballar, Hontoria del Pinar, Burgo de Osma and Santo Domingo de Silos Formations) began during the early Coniacian transgression and was terminated by a Campanian regression. This upper depositional sequence also represents the transgressive systems tract and highstand systems tract. Eight types of shallowing-upward parasequence, 1 to 4 m thick (locally up to 10 m), deposited in subtidal high-energy (shoals and channels) and low-energy settings (lagoon, locally with rudist patch-reefs) and in tidal-flat environments have been identified. Carbon-isotope data, showing sharp and correlatable positive anomalies in different sections, strongly suggest that Oceanic Anoxic Events are recorded in these shallow platform deposits. The Cenomanian-Turonian Oceanic Anoxic Event results in a positive δ 13C excursion of up to 4‰ that coincides with the presence of small-size, low-diversity benthic foraminifers, agglutinated and planktonic foraminifers and calcispheres, despite the paucity or complete absence of black shales. The Santonian-Campanian Oceanic Anoxic Event is recorded but is not so evident. The relative δ 13C minimum between these two maxima apparently coincides with the Turonian-Coniacian boundary. It is concluded that short-term variations in δ 13C can be useful for correlation in shallow platform areas, where the fossil record has little biostratigraphical precision. Accordingly, the ages previously assigned to the sediments studied have been partially modified. The oxygen-isotope results are more negative than expected for carbonates precipitated in equilibrium with normal marine waters, thus indicating diagenetic alteration by meteoric waters.